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Woman Pointing to Model Home for Sale

Source: Stephen Welstead / Getty

Charlotte region home sales are steadily rising in August 2021, according to data from Canopy MLS. Sales on single-family, condo and townhomes  increased 3.2 percent month-over-month compared to sales in July 2021.

Inventory continues to be a challenge as inventory declined 38.2 percent, equating available inventory of 0.8 months of supply – and frustrated homebuyers.

The lack of inventory keeps prices on the rise.  The average sales price of $393,085 rose 12.2 percent from last year.  The highest number of homes (1,568) sold within the  $250,001 to $350,000 price range.

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